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August 8, 2022 at 4:34 pm
Mommy and Daddy Sheep ??
February 3, 2022 at 6:44 pm
Hi, Please why is conversion cost not added to the cost
April 29, 2021 at 6:39 pm
Please explain the reason for taking s.p at 1440 for first stage? I am unable to understand the reason.
October 11, 2021 at 5:01 pm
That is simply the selling price minus the selling cost. It’s quicker to subtact that because (200,000 x 1450) – (200,000 x 10) = 200,000 (1450-10) = 200,000 x 1440.
August 10, 2020 at 11:48 am
hi, may i know why the calculation about the 1st stage inventory could not use the new selling price specifically for it (950) directly reduce the 10 dollar selling cost? thanks
February 8, 2020 at 11:44 am
When working out the new NRV figure how come you are using the finished product cost (1500) instead of the finished cost selling price of 1700?
August 8, 2019 at 7:20 pm
May l please ask why in the calculation of Production process 1st stage, we used the cost of $1000 instead of the new one of $950?, as we did with the finished product from $1700 to $1450.
March 14, 2019 at 5:25 am
Hi, could I understand the reason why we need to take into account the change of finished goods (from 1700 to 1450) after year-end is this is a subsequent event that affects the relevant information at the reporting point? Thanks!
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